Sell ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support at 0.853000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.866100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.902500000
2nd High 0.870000000
Next High 0.866100000
Current Price 0.859100000
Next Low 0.853000000
2nd Low 0.852400000
3rd Low 0.823000000

0.866100000 – 0.870000000 – 0.902500000 – 0.853000000 – 0.852400000 – 0.879000000 — 47.17231507406 – 43.587070887079

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